Mobile market dynamics, tower transactions and joint ventures in Saudi: where are we now?
TowerXchange’s commentary on the latest developments in Saudi’s stop-start tower transactions
Tower transactions in Saudi Arabia have been spoken about for several years, with a number of stop-start processes having occurred. At the time of going to press, Zain had entered into exclusive negotiations with a consortium involving Towershare and IHS Towers, a deal which would mark the Middle East’s first tower transaction. TowerXchange examine Saudi Arabia’s mobile market dynamics and explore the history of potential tower sales and joint ventures in the Kingdom.
Saudi Arabia is the largest country in the Middle East in terms of land mass and the third largest country in terms of population with current figures measuring this as 31.5mn